Ann: TSN to Acquire Profitable Cloud & Cloud Security Business, page-33

As long as management does not spend excessive time on the TSI portion in India I'm in favour of retaining for the time being. The valuation held on the balance sheet was very conservative from memory - i.e. based on limited/ no growth or additional customer base & relatively high risk mark-downs. I'd prefer we retain exposure to this huge economy at least for a few more years to see if there's traction. 

Understand there is some frustration as this investment is very opaque (i.e. very little information flow) - but that is already priced in current low market cap IMO. Not to say the investment shouldn't be monetised if a better further opportunity in the cyber space comes along but otherwise I'd like to see TSN retaining. Be interested to hear others thoughts on this.